First Ammonia
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First Ammonia - overview
Established
2022
Location
New York, NY, US
Primary Industry
Renewable Energy
About
Founded in 2022 and based in New York, US, First Ammonia LLC, d. b. a First Ammonia, a private energy production firm that specializes in the creation and management of modular, commercial-scale facilities for the production of green ammonia. The company is dedicated to offering carbon-free fuel alternatives.
In September 2024, First Ammonia, Inc. raised venture funding from Mercuria Investment and Manies Group. As of 2024, the firm is being led by its CEO, Joel Moser. The company utilizes solid oxide electrolyzer cell (SOEC) technology for hydrogen electrolysis.
Their operations focus on producing ammonia from intermittent renewable power for use as fuel in the maritime industry, power generation, transportation, and as a key component in fertilizers. First Ammonia is expanding globally, acquiring project sites with access to low-cost renewable energy and subsidies to support its production activities. The company intends to use the September 2024 funding to contribute to the construction of a green ammonia supply chain centered on Japan and Asia.
Current Investors
Mercuria Investment, Manies Group
Primary Industry
Renewable Energy
Sub Industries
Power Plant, Power Generation Equipment & Services, Geothermal, Biomass, Wind Power, Solar Power, Hydro Power, Industrial Machinery, Chemicals
Website
www.firstammonia.com
Verticals
Manufacturing
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
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